5% of 150000
= 5% * 150000
= 0.05 * 150000
= 7500
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20% of 15000000 = 0.20 x 15000000 = 3000000
40% of 150,000.00= 40% * 150000= 0.4 * 150000= 60,000.00
50 thousand Reasoning; Percent, means out of a hundred. so divide 1 million, 1,000,000, by 100. = 10,000 (ten thousand) that is 1 percent of a million. Then multiply that by 5. 10,000 x 5 = 50,000. one percent multiplied by five equals five percent.
The answer depends on what "this less than 5 percent rule" is, in contrast to some other 5 percent rule!
5% of 15,000,000.00 is 750,000.00